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Close Brothers & Company Land Contract #2854, J.H. Taylor, Pipestone County, Minnesota

-C-AHXTIP OONTRAOT.
NO..-HM
JPtiS §l0rjeJCttX^Wt, Made thisAAsJ-^- dayof hs^M.:—. ...18.f>T..
between .#M/U/.—&^^___ ^ of the first part, and ^.,1—v//" —^^--^--—
A. 7.2 :". of lCL4.t%eAA County of
LA^J>_U2_2L_ State of (KAlA±gA-([TiA.z> , of the second part, WITNESSETH: That
in consideration of the stipulations herein contained, and the payments to be made as is hereinafter specified, the first party hereby
agrees to sell unto the second party, the LzS. __ _;
of Section No IA.. in Township No -P-— .--North, Range No....<7—l West of the fifth principal meridian,
containing, according to the United States Survey.-i72A--AA<zA>7^S7LiS____p3__7'2Cz^__ ij_9__Q__J_ acres, be the same
more or less, for the sum of.___ZuK_^J_lf-"-j__rV^^ (SVS.t&.Sl'J_
second party hath paid the sum of U^.0..a}242_A_2_O_4^___77_^
DOLLARS,
.DOLLARS
on which the said
on account of the principal.
And the said second party, in consideration of the premises, hereby agreeB to pay to the said first party, at the office of
Close Bros. & Co., at Chicago, 111., the following sums of principal and interest, at the several times named below.
WHEN DUE.
- —_"—_—.' ihpjjffp.^.k
J.— — . —_•—__ 18£7
_.._ 18__^?_
_-_-._18.ft.
ORE. .. \9t_0_D.
7— _'_.... iif.o_./
_•_ lfl.QV
.n.:...i_|__-.
_-_ VfPA.
_ __ L..— UfPA
18
PRINCIPAL.
.y.7Y3.
2.2.7..
_>_V-4.
22.3.
-Jz2-4r
..Tzzyzlz
.1772
2S.
A.Zlztf-
)V_ 0
0.O-
00
INTEREST.
73
3.A.L.
.12-3.
3-1yA.
./.o.
3>__q.
A
S.J..
2-2.
3.q.
73.3.
T\n..
2.1.
3.L
nzi-
sv
L...
A7y__
.io.2
AMOUNT.
<70 3
ASS.
A-L-7J
-3.2- Cf
223-
____>__/____
2-^2-
-2.
-1-}
72. A3.
A.Y-YS.
v_>
iL
4i3_.
SV
v..
y__
_Ln
L
L
7.2-.
fc.jO.
EVIDENCE OF PAYMENT.
•
And the said second party hereby further agrees and obligates C\yA..- heirs and assigns, that all
improvements placed upon said premises shall remain thereon and shall not be removed or deBtroyed, until final payment for said
lauds. And further that (S2-Z- —will punctually pay said sums of money above specified, as each of the same becomes due;
and that iTXAa. will regularly and seasonably pay all such taxes and assessments as may be lawfully imposed upon said
premises. And if the said party of the second part fails to pay the said taxes and assessments before the same become delinquent, the
first party may pay the aame, and the amount bo paid shall be immediately due from the second party as part of the purchase money
of the said land, and shall draw interest at the rate of eight per cent, per annum until paid, but the payment of any tax by the
first party shall not be a waiver of the forfeiture or the right to declare or enforce the forfeiture for the non-payment by the party of the
second part, of such taxes, or for any other default.
And in case the said Becond party, tiA2> legal representatives, or ATzAA assigns, shall pay the
several euma of money aforesaid, punctually and at the several times above limited, and ahall strictly and literally perform all and
singular the agreements and stipulations aforesaid, after their true tenor and intent, then the first party will make unto the said
second party, QtAzA heira or assigns (upon request at the office of Close Bros. & Co., at Chicago, 111., and the surrender
of this contract), a deed conveying said premises in fee simple with the ordinary covenants of warranty, excepting, however, Buch
incumbrances as may be placed thereon by the location of public highways, railroada, or other public use, or from taxes becoming
due after date of this contract, or that may attach thereto by reason of some act or thing done or suffered by the party of the
second part.
But in case the second party shall fail to make the payments aforesaid, or any of them, punctually and upon the strict terms
and times above limited, and likewise to perform and complete all and each of the agreements and stipulations aforesaid, strictly
and literally, without any failure or default, the time of payment being the essence of this contract, then the party of the first
part shall have the right to declare this contract null and void, and all right and interest hereby created or then existing in favor
of the second party, or derived under this contract, shall utterly cease and determine, and the premises hereby contracted shall
revert to and revest in said firBt party (without any declaration of forfeiture, or act of re-entry, or without any other act by said
first party to be performed, and without any right of said seoond party of reclamation or compensation for moneys paid and
improvements made), as absolutely, fully and perfectly as if this contract had never been made. And if in ease of default of any
of the conditions or payments above mentioned, the party of the first part shall commence any action or legal proceedings either
to enforce the forfeiture or foreclose the interest of the party of the second part, or collect the amount due thereon, or to obtain
poaseBsion of said premises, or restrain the removal of any improvements therefrom, the said party of the second part hereby agrees
to pay a reasonable attorney's fee for the commencement or prosecution of such action, and the same shall be assessed and taxed
by the court, and the party of the first part Bhall have judgment therefor, to be paid or collected the same as the purchase price
of the land.
And it is further stipulated that no assignment of the premises shall be valid unless the same shall be endorsed hereon, or
permanently attached hereto, and approved by the first party, (for which purpose this contract must be sent to the offioe of
Close Bros. & Co., Chicago, 111.) and that no agreements or conditions or relations between the second party and 12A.
assignB, or any other person acquiring title or interest, from or through C2AT}Z<'_ ___ shall preclude the first party from the
right to convey the premises to said second party, or ZWr?..~ assigns, on the surrender of this agreement and the payment of the unpaid portion of the purchase money which may be due to the first party.
In Witness of which the said parties have caused these presents to be executed and delivered in duplicate, the day and year
above written.
Witness,.
J)\ -ft- JkjJrri'
^-^^/^X^^^t^^.^S^^^tZ.
Witness,
Witness,
Witness,
Purchaser will be entitled to a deed when one-third oi purchase money Is paid, and notes secured by mortgage bearing interest at eight per cent per
annum payable annually, are given for the balance, said mortgage to be a flrst lien on the premises

-C-AHXTIP OONTRAOT.
NO..-HM
JPtiS §l0rjeJCttX^Wt, Made thisAAsJ-^- dayof hs^M.:—. ...18.f>T..
between .#M/U/.—&^^___ ^ of the first part, and ^.,1—v//" —^^--^--—
A. 7.2 :". of lCL4.t%eAA County of
LA^J>_U2_2L_ State of (KAlA±gA-([TiA.z> , of the second part, WITNESSETH: That
in consideration of the stipulations herein contained, and the payments to be made as is hereinafter specified, the first party hereby
agrees to sell unto the second party, the LzS. __ _;
of Section No IA.. in Township No -P-— .--North, Range No....<7—l West of the fifth principal meridian,
containing, according to the United States Survey.-i72A--AA7^S7LiS____p3__7'2Cz^__ ij_9__Q__J_ acres, be the same
more or less, for the sum of.___ZuK_^J_lf-"-j__rV^^ (SVS.t&.Sl'J_
second party hath paid the sum of U^.0..a}242_A_2_O_4^___77_^
DOLLARS,
.DOLLARS
on which the said
on account of the principal.
And the said second party, in consideration of the premises, hereby agreeB to pay to the said first party, at the office of
Close Bros. & Co., at Chicago, 111., the following sums of principal and interest, at the several times named below.
WHEN DUE.
- —_"—_—.' ihpjjffp.^.k
J.— — . —_•—__ 18£7
_.._ 18__^?_
_-_-._18.ft.
ORE. .. \9t_0_D.
7— _'_.... iif.o_./
_•_ lfl.QV
.n.:...i_|__-.
_-_ VfPA.
_ __ L..— UfPA
18
PRINCIPAL.
.y.7Y3.
2.2.7..
_>_V-4.
22.3.
-Jz2-4r
..Tzzyzlz
.1772
2S.
A.Zlztf-
)V_ 0
0.O-
00
INTEREST.
73
3.A.L.
.12-3.
3-1yA.
./.o.
3>__q.
A
S.J..
2-2.
3.q.
73.3.
T\n..
2.1.
3.L
nzi-
sv
L...
A7y__
.io.2
AMOUNT.
<70 3
ASS.
A-L-7J
-3.2- Cf
223-
____>__/____
2-^2-
-2.
-1-}
72. A3.
A.Y-YS.
v_>
iL
4i3_.
SV
v..
y__
_Ln
L
L
7.2-.
fc.jO.
EVIDENCE OF PAYMENT.
•
And the said second party hereby further agrees and obligates C\yA..- heirs and assigns, that all
improvements placed upon said premises shall remain thereon and shall not be removed or deBtroyed, until final payment for said
lauds. And further that (S2-Z- —will punctually pay said sums of money above specified, as each of the same becomes due;
and that iTXAa. will regularly and seasonably pay all such taxes and assessments as may be lawfully imposed upon said
premises. And if the said party of the second part fails to pay the said taxes and assessments before the same become delinquent, the
first party may pay the aame, and the amount bo paid shall be immediately due from the second party as part of the purchase money
of the said land, and shall draw interest at the rate of eight per cent, per annum until paid, but the payment of any tax by the
first party shall not be a waiver of the forfeiture or the right to declare or enforce the forfeiture for the non-payment by the party of the
second part, of such taxes, or for any other default.
And in case the said Becond party, tiA2> legal representatives, or ATzAA assigns, shall pay the
several euma of money aforesaid, punctually and at the several times above limited, and ahall strictly and literally perform all and
singular the agreements and stipulations aforesaid, after their true tenor and intent, then the first party will make unto the said
second party, QtAzA heira or assigns (upon request at the office of Close Bros. & Co., at Chicago, 111., and the surrender
of this contract), a deed conveying said premises in fee simple with the ordinary covenants of warranty, excepting, however, Buch
incumbrances as may be placed thereon by the location of public highways, railroada, or other public use, or from taxes becoming
due after date of this contract, or that may attach thereto by reason of some act or thing done or suffered by the party of the
second part.
But in case the second party shall fail to make the payments aforesaid, or any of them, punctually and upon the strict terms
and times above limited, and likewise to perform and complete all and each of the agreements and stipulations aforesaid, strictly
and literally, without any failure or default, the time of payment being the essence of this contract, then the party of the first
part shall have the right to declare this contract null and void, and all right and interest hereby created or then existing in favor
of the second party, or derived under this contract, shall utterly cease and determine, and the premises hereby contracted shall
revert to and revest in said firBt party (without any declaration of forfeiture, or act of re-entry, or without any other act by said
first party to be performed, and without any right of said seoond party of reclamation or compensation for moneys paid and
improvements made), as absolutely, fully and perfectly as if this contract had never been made. And if in ease of default of any
of the conditions or payments above mentioned, the party of the first part shall commence any action or legal proceedings either
to enforce the forfeiture or foreclose the interest of the party of the second part, or collect the amount due thereon, or to obtain
poaseBsion of said premises, or restrain the removal of any improvements therefrom, the said party of the second part hereby agrees
to pay a reasonable attorney's fee for the commencement or prosecution of such action, and the same shall be assessed and taxed
by the court, and the party of the first part Bhall have judgment therefor, to be paid or collected the same as the purchase price
of the land.
And it is further stipulated that no assignment of the premises shall be valid unless the same shall be endorsed hereon, or
permanently attached hereto, and approved by the first party, (for which purpose this contract must be sent to the offioe of
Close Bros. & Co., Chicago, 111.) and that no agreements or conditions or relations between the second party and 12A.
assignB, or any other person acquiring title or interest, from or through C2AT}Z